NewsWhore
02-05-2007, 05:50 PM
The consultants at Grant Thornton have analyzed the Dominican Republic's economic perspectives for 2007 and are predicting a growth rate of 5.35%. Together with this economic growth, the experts indicated that inflation would be higher than last year's 5%, and they foresee an inflation rate of 7.64% for the year 2007. The Grant Thornton report, which was prepared in December last year and is studied by Listin Diario's Candida Acosta, sees increases in most of the country's economic indicators, including the exchange rate, debt payments and monetary emissions. The report also says that interest rates of 11.34% prime and 22% to clients will increase loan activity due to the higher rates. Grant Thornton also points out the downward trend in interest rates for dollar Certificates of Deposit in the Dominican Republic.
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More... (http://www.dr1.com/index.html#4)